Monday, October 03, 2011

Elegant Simplicity

A gem from Lee himself (see previous post intro). And a beauty it is:

Simplified math revealing why the government CANNOT be the major job-creator:

Let's say the government "creates" a job paying $40,000 a year. Assuming zero deductions, a single taxpayer would pay a maximum of a little over $6,000 in federal income taxes. Obviously, the remainder of that $40,000 salary -- about $34,000 -- would have to come from OTHER taxpayers. The greater the percentage of government-employees in the work force, the larger the tax burden on those employed in the private sector. At some point, the economics simply don't work. Therefore, jobs payrolled by the government, be they vital or make-work, can ultimately overwhelm the economy.

Why do the Republicans have such difficulty finding candidates who can explain this in a clear, straightforward manner? I just did it in one short paragraph.

Seriously, Liberals, how hard is this to understand?

The Gunslinger

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